‘Why wait for a bus that won’t come?’: India has more graduates than jobs

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India faces a graduate unemployment crisis, with nearly 40% of graduates aged 25 and below unemployed

Between 2004 and 2023, when India’s economy grew 6 per cent to 8 per cent, it added five million graduates every year. But only 2.8 million of them were able to join the workforce annually. Many new graduates do not find relevant or well-paying work for years.

An increasingly educated workforce is entering an economy that is not able to absorb them into high-quality jobs

For issues on the continued relevance of higher education....